Nov 22nd 2011 1:00PM
SAN FRANCISCO -- A criminal investigation into mortgage swindlers has expanded beyond deceptive advertising on Google's Internet search engine to root out con artists who were luring their victims on Bing and Yahoo, too. Monday's news of the widening probe confirmed that the Internet's three largest search engines had... Continue Reading »
Sep 26th 2011 11:10AM
The calls started last November. Speaking in Spanish, a representative from New Century Solutions in Lake Forest, Calif., pitched Jose Chirino to purchase a forensic loan audit. For $2,995, the representative said, an audit could help the San Jose, Calif., homeowner get a much-desired loan modification and principal... Continue Reading »
Jul 25th 2011 1:10PM
A lawyer in Tallahassee, Fla., is at the center of what some experts are calling a new take on mortgage relief scams, according to the St. Petersburg Times. Nearly 6,000 struggling homeowners seeking mortgage modifications have agreed to work with a Florida-based law firm in the hope of settling their outstanding debts.... Continue Reading »
Jun 14th 2011 1:35PM
Listen up, mortgagees: Did you hear the one about the new company that's going to service your refinanced loan? It's just a step away from the Nigerian royal who needs your help and is willing to give you half his fortune for just a few thousand dollars of your nest egg. In a mortgage-related scam currently making the... Continue Reading »
Nov 24th 2010 3:10PM
A multimillion-dollar scam by real estate agents and loan officers, in collusion with homebuyers, left mortgage lenders in the dust, authorities say. Two real estate agents and two mortgage loan officers were among nine people indicted for their roles in an alleged $11-million mortgage fraud scheme that involved paying... Continue Reading »
